India Regenerative Medicine Market Size & Outlook

The regenerative medicine market in India is expected to reach a projected revenue of US$ 482.5 million by 2030. A compound annual growth rate of 13.4% is expected of India regenerative medicine market from 2024 to 2030.
Revenue, 2023 (US$M)
$199.9
Forecast, 2030 (US$M)
$482.5
CAGR, 2024 - 2030
13.4%
Report Coverage
India

India regenerative medicine market, 2018-2030 (US$M)

India

India regenerative medicine market highlights

  • The India regenerative medicine market generated a revenue of USD 199.9 million in 2023 and is expected to reach USD 482.5 million by 2030.
  • The India market is expected to grow at a CAGR of 13.4% from 2024 to 2030.
  • In terms of segment, therapeutics was the largest revenue generating product in 2023.
  • Banks is the most lucrative product segment registering the fastest growth during the forecast period.


Regenerative medicine market data book summary

Market revenue in 2023USD 199.9 million
Market revenue in 2030USD 482.5 million
Growth rate13.4% (CAGR from 2023 to 2030)
Largest segmentTherapeutics
Fastest growing segmentBanks
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTherapeutics, Tools, Banks, Services
Key market players worldwideAstraZeneca PLC, Roche Holding AG, Integra Lifesciences Holdings Corp, Astellas Pharma Inc, Cook Group, Bayer AG, Pfizer Inc, Merck KGaA, Abbott Laboratories, Vericel Corp, Novartis AG ADR, GlaxoSmithKline


Other key industry trends

  • In terms of revenue, India accounted for 0.7% of the global regenerative medicine market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan regenerative medicine market is projected to lead the regional market in terms of revenue in 2030.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,288.1 million by 2030.

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Regenerative Medicine Market Companies

Name Profile # Employees HQ Website

India regenerative medicine market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to regenerative medicine market will help companies and investors design strategic landscapes.


Therapeutics was the largest segment with a revenue share of 76.79% in 2023. Horizon Databook has segmented the India regenerative medicine market based on therapeutics, tools, banks, services covering the revenue growth of each sub-segment from 2018 to 2030.


The regenerative medicine market in India is expected to witness significant growth over the forecast period due to the rising demand for cell and gene therapy. The companies operating in other countries are focusing on cell and gene therapy market in India, which is expected to strengthen the regenerative medicine market in the country.

For instance, in May 2023, the U.S.-based Stem Cures announced that it would set up a manufacturing lab focusing on stem cell therapy in India. Such establishments are anticipated to propel the demand for regenerative medicine in India.

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Target buyers of India regenerative medicine market databook

  • Our clientele includes a mix of regenerative medicine market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the India regenerative medicine market , including forecasts for subscribers. This country databook contains high-level insights into India regenerative medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India regenerative medicine market size, by product, 2018-2030 (US$M)

India Regenerative Medicine Market Outlook Share, 2023 & 2030 (US$M)

India regenerative medicine market size, by product, 2018-2030 (US$M)

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